BLUR skyrockets 30% following Binance listing announcement

Cryptocurrency exchange Binance will add support for BLUR, an ERC-20 native token of the NFT marketplace Blur, after the marketplace’s founder Tieshun Roquerre announced the launch of Blast, a layer-2 network aimed at non-fungible tokens.

In a blog announcement on Nov. 24, the exchange said it will open trading with BLUR/BTC, BLUR/USDT and BLUR/TRY at Nov. 24, 09:00 (UTC). Traders can already deposit BLUR, with withdrawal to be opened at Nov. 25, 06:00 (UTC). Beyond putting BLUR on its trading list, Binance will also list BLUR as a new borrowable asset with this new margin pair on Isolated Margin.

Following the news, BLUR price jumped nearly 30%, surging up to $0.62. The token’s market capitalization increased to $690.7 million, according to data from CoinGecko.

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